Zacks Investment Research cut shares of Deutsche Post (OTCMKTS:DPSGY) from a buy rating to a hold rating in a research note released on Friday morning.
According to Zacks, “Deutsche Post AG provides logistics services primarily in Germany, Europe, America, Asia Pacific and Other regions. The company’s operating segment consists of Post-eCommerce-Parcel; Express; Global Forwarding, Freight and Supply Chain. The PeP division provides mail products, advertising mail, press products, import/export, philately and postbus services as well as eCommerce-parcel services. Express division offers courier and express services. Global Forwarding Freight division provides transports goods by rail, road, air and sea; full, part and less than truckload freight services and intermodal transport services. Supply Chain division provides supply chain logistics solutions which include warehousing, distribution, managed transport, value-added services and supply chain management and consulting services; business process outsourcing and marketing communications solutions. Deutsche Post AG is headquartered in Bonn, Germany. “
Several other analysts have also issued reports on DPSGY. DZ Bank restated a neutral rating on shares of Deutsche Post in a research report on Thursday, December 21st. ValuEngine upgraded shares of Deutsche Post from a hold rating to a buy rating in a research report on Sunday, December 31st. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of $50.00.
OTCMKTS DPSGY opened at $46.29 on Friday. The company has a current ratio of 1.02, a quick ratio of 1.00 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $57,489.95, a price-to-earnings ratio of 19.95, a P/E/G ratio of 6.10 and a beta of 1.34. Deutsche Post has a 52-week low of $32.79 and a 52-week high of $50.17.
The firm also recently announced an annual dividend, which will be paid on Thursday, May 3rd. Stockholders of record on Thursday, April 26th will be given a dividend of $1.397 per share. The ex-dividend date is Wednesday, April 25th. This represents a dividend yield of 3.13%. Deutsche Post’s dividend payout ratio (DPR) is currently 48.28%.
COPYRIGHT VIOLATION NOTICE: “Deutsche Post (DPSGY) Downgraded by Zacks Investment Research to Hold” was originally reported by Ticker Report and is owned by of Ticker Report. If you are accessing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.tickerreport.com/banking-finance/3376874/deutsche-post-dpsgy-downgraded-by-zacks-investment-research-to-hold.html.
About Deutsche Post
Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, and the Middle East and Africa. It operates through four divisions: Post-eCommerce-Parcel (PeP); Express; Supply Chain; and Global Forwarding, Freight. The PeP division offers dialogue marketing, press distribution, and electronic services associated with mail delivery, as well as parcel and e-commerce services.
Get a free copy of the Zacks research report on Deutsche Post (DPSGY)
For more information about research offerings from Zacks Investment Research, visit Zacks.com